Tektias, the aggregator for optimized lending and borrowing. Find out more about the project and go directly to the official website.
Tektias allows you to trade your assets with the best price on Layer-2. Find out more about this new ecosystem below.
Tektias – introduction:
The past few years have seen remarkable growth in blockchain technology, which has paved the way for revolutionary developments such as Peer-to-Peer payments and decentralization. In addition, it has provided an ideal platform for the creation of decentralized finance (DeFi) and exchanges, enabling users to directly access services and exchange assets.
The emergence of Layer 2 blockchain networks has further accelerated this progress by reducing costs, increasing efficiency and saving time. This increased performance enables users to execute transactions and exchanges at a much faster pace.
With the DeFi ecosystem booming, developers are continually creating new platforms with diverse functionality, leaving users overwhelmed by the choice of their preferred DeFi/Dex platform. That’s where the Tektias ecosystem comes in, using smart contracts to select the best routes, prices and liquidity with customized gas charges. This platform offers a fluid and intuitive user interface, aiming to deliver the best possible user experience.
What this ecosystem has to offer:
Optimized gas fee: By employing Layer 2 solutions, Tektias substantially slashes transaction expenses in contrast to the Ethereum mainnet. This enhances cost efficiency for users engaging in transactions and trading activities on the platform.
Higher Transaction Speeds: Layer 2 solutions provide faster transaction processing times. This means that users can execute transactions quickly, enhancing the overall efficiency of the platform.
Fast Trades: Tektias facilitates rapid trades, ensuring users can swiftly execute buy and sell orders, capitalizing on market opportunities.
Secure Smart Contracts: The platform employs secure smart contracts, ensuring that user assets and transactions are protected against potential vulnerabilities and hacks.
Liquidity Pools Integration: Tektias seamlessly integrates with liquidity pools, granting users access to a diversified pool of assets for trading. This bolsters liquidity and guarantees users can readily find counterparties for their trades.
DeFi Platform Integration: The platform seamlessly incorporates with a range of DeFi platforms, granting users access to decentralized financial services and products, including lending, borrowing, and yield farming.
Markets:
The global crypto-currency market, which reached a value of $1.49 billion in 2020, is expected to reach $4.94 billion by 2030, posting a robust compound annual growth rate (CAGR) of 12.8% between 2021 and 2030. This significant expansion is not only due to the increasing adoption of crypto-currencies, but also to the remarkable growth of the DeFi (Decentralized Finance) sector.
If you follow decentralized finance news, then you know that within the DeFi ecosystem, lending and borrowing services have become essential elements. They enable individual users to lend their assets for interest, or borrow assets to increase their crypto-currency holdings.
These DeFi lending and borrowing platforms have revolutionized traditional finance by offering increased accessibility, transparency and efficiency.
The integration of DeFi lending and borrowing protocols, as well as advances in the crypto-currency space, have further accelerated the rise of this market. Collectively, these trends are poised to create a multitude of compelling market opportunities in the years ahead.
Platforms:
In recent years, the DeFi revolution has spurred significant advancements in the financial sector. As decentralized finance (DeFi) protocols gain traction, users are empowered to access a variety of financial services without depending on centralized intermediaries.
DeFi solutions harness the capabilities of public blockchains and smart contracts to offer decentralized access to financial services, including trading, lending, and borrowing. Prominent DeFi platforms like Uniswap, PancakeSwap, Aave, and Compound have become integral components of the DeFi landscape, contributing to its expansion and job creation.
Faced with the plethora of DeFi platforms, users often find it difficult to select the most appropriate option and navigate between the different platforms, which can pose security risks for their funds. To address these complexities and offer users optimal pricing and fast transaction execution within the DeFi ecosystem, this project has diligently developed a solution on Ethereum’s scaling infrastructure. This platform leverages Ethereum’s scaling solutions to provide a more secure and efficient experience, effectively mitigating the challenges associated with interaction between different DeFi platforms.